Home » News » The federal Government reaches agreement with World Bank Group for the release of 1.3 billion dollars for the take-off of the Development Bank of Nigeria
Minister of Fninace, KEMI ADEOSUN

The federal Government reaches agreement with World Bank Group for the release of 1.3 billion dollars for the take-off of the Development Bank of Nigeria

The Federal Government has reached an agreement with the World Bank Group and other development partners for the release of one point three billion dollars for the take-off of the Development Bank of Nigeria.

The Minister of Finance, Mrs. KEMI ADEOSUN, announced this on Sunday in Washington DC at the closing news conference marking the end of the World Bank/International Monetary Fund’s annual meetings.

 ADEOSUN, who spoke alongside the Governor of the Central Bank of Nigeria, Mr. GODWIN EMEFIELE, explained that the Development Bank of Nigeria would serve as a means of intervention for the Small and Medium-sized Enterprises in the country to get funds to run their operations and expand in order to achieve inclusive growth for the country.

Let your voice be heard, leave a comment

We love comments

%d bloggers like this: